Sangfor Technologies Expands Its Secure Access Service Edge (SASE) Solution With New POP Locations in Silicon Valley and Singapore
HONG KONG--(BUSINESS WIRE)--#AI--Sangfor Technologies, a global provider of cybersecurity and cloud computing solutions, proudly announces the establishment of two new Points of Presence (POPs) for Ac
Express News | Xinfu Convertible Bonds: Resumption of Conversion into Stock from June 5, 2024
Convertible bond holders have experienced a change in their holding proportion of up to 10%.
On May 16-31, 2024, Mr. Xiong Wu and Mr. Feng Yi, major shareholders of Sangfor Technologies Inc., traded 1,321,638 convertible bonds, accounting for 10.88% of the total issuance. Currently, their proportion of convertible bonds held has decreased to 11.28%.
Convinced Service (300454.SZ): Received a government subsidy of 1996.8 million yuan
On May 30, Ge Longhui (300454.SZ) announced that according to the relevant provisions of the “Notice of the Ministry of Finance and the State Administration of Taxation on Value-added Tax Policy for Software Products” (Fiscal Tax [2011] No. 100), general VAT taxpayers sell software products (including embedded software) developed and produced by themselves. After levying VAT at the legal rate, they implement an immediate levy and refund policy on the portion of their actual VAT burden exceeding 3%. The company recently received a VAT refund of RMB 19,968,012.86 for software products.
Confidence in debt conversion: The conversion price was adjusted from 111.31 yuan/share to 111.26 yuan/share
Convinced Technology Co., Ltd. announced that the “Confidence to Bond Transfer” share conversion price will be adjusted. Before the adjustment, it will be 111.31 yuan/share, and after the adjustment, it will be 111.26 yuan/share. The effective date of the adjustment is June 5, 2024.
Confidence in debt conversion: Stock conversion will be suspended from May 28, 2024 due to the distribution of 2023 equity
Convinced Technology Co., Ltd. announced that due to the distribution of equity in 2023, “Confidence Bond Transfer” will suspend share conversion from May 28, 2024 to the equity registration date, and resume the next trading day. The share conversion price will be adjusted in accordance with relevant regulations.
Convinced Service (300454.SZ): AI-related technology has now been used in some products
On May 22, Ge Longhui (300454.SZ) said on the investor interactive platform that the company has long focused on cutting-edge technology in security, cloud computing and related fields, and has also continued to invest and lay out the application of AI technology in related business fields, and has now used AI-related technology in some products. At the spring product launch this year, the company released the upgraded version of Secure GPT 3.0, the AI computing power platform, and the EDS 520 storage version.
Express News | Wei Ning Health and Shenxinfu join hands to release Win-AI Weixin Cloud
Convinced (300454): Steady revenue growth awaits downstream demand recovery
Incident: The company released its 2023 annual report and achieved annual revenue of 7.662 billion yuan (+3.36%), net profit to mother of 198 million (+1.89%), and deducted non-net profit of 110 million (+9.97%), of which Q4
Confidence in debt conversion: It is expected to trigger downward correction conditions for the share conversion price
Convinced Technology Co., Ltd. announced that from April 18, 2024 to May 6, 2024, the closing price of the company's shares has been lower than 85% of the current conversion price of 111.31 yuan/share for 10 trading days. If the closing price of the subsequent company's stock continues to fall below 85% of the current share conversion price, it is expected to trigger the “Confidence to Bond Transfer” share conversion price downward conditions.
Convinced (300454): Under pressure in the first quarter, we expect adjustments to bring positive changes
Overall, the first quarter was under pressure, and revenue declined year over year. The company released 24Q1 financial report, with revenue of 1,035 million yuan (-14.66%), net profit attributable to mother - 489 million yuan (-18.64%), net profit not attributable to mother - 5.
Convinced (300454): 24Q1 performance is under pressure and demand recovery still needs to wait
Incident Overview The company recently released its 2023 annual report and 2024 quarterly report. In 2023, it achieved operating income of 1,035 million yuan, an increase of 3.36% over the previous year, and achieved net profit of 198 million yuan to mother, an increase of 1
Convinced (300454): Short-term performance is under pressure, safety GPT empowerment and overseas business are worth looking forward to
Core view The company released the 2023 annual report and the first quarter report of 2024. In 2023, it achieved revenue of 7.662 billion yuan, net profit to mother of 198 million yuan, and net profit of non-return to mother of 110 million yuan; 2
Convinced (300454): 2024Q1 performance is pressured by the “AIFIRST” strategy strengthens product competitiveness
Incident: The company released a report for the first quarter of 2024. During the reporting period, it achieved operating income of 1,035 million yuan, a year-on-year decrease of 14.66%; net profit loss to mother of 489 million yuan, an increase of 18.64%; deducted from non-return
Convinced Services (300454) Review: Safety business is under pressure, market-side adjustments and energy is being saved
Investment highlights: Incidents: Recently, the company released its 2024 quarterly report, achieving operating income of 1,035 million yuan in the first quarter, -14.66% year-on-year; net profit to mother - 489 million yuan, compared to the same period last year - 412 million yuan.
Express News | Convinced: net loss of 489 million yuan in the first quarter
Convinced (300454): Short-term pressure on Q1 operations is expected to resume throughout the year
24Q1 revenue is under pressure in the short term, and full-year growth is expected to accelerate. The company released its 2024 quarterly report, achieving operating income of 1,035 billion yuan, a year-on-year decrease of 14.66%, and net profit to mother of 489 million yuan, a year-on-year loss
Express News | Convinced that F&T has invested in the establishment of a new company, including multiple AI businesses
Convinced Services (300454) 2023 Annual Report Review: Performance achieved positive growth, and overseas business revenue increased year-on-year
Incident: The company released its 2023 annual report, achieving operating income of 7.662 billion yuan, +3.36% year-on-year; net profit to mother of 198 million yuan, +1.89% year-on-year; net profit after deducting non-return to mother of 110 million yuan, +9 million yuan year-on-year.
IDC: Convinced that it will rank first in China's overall hyperconvergence market in 2023
Gelonghui, April 15 | IDC released the “China Software-Defined Storage (SDS) and Hyperconverged Storage System (HCI) Market Quarterly Tracking Report, Q4 2023", showing that China's hyperconverged market achieved 2.9% growth in 2023 over the same period last year. Among them, the market share of HCI verification systems increased by nearly 4% over the same period last year, close to 12% market share, driving the overall HCI market to maintain a steady growth rate. Among them, Convinced Services ranked first in China's overall hyperconvergence market in 2023, with a market share of 17.5%.
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